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OFX Group (ASX:OFX) Price-to-Tangible-Book : 8.85 (As of May. 16, 2024)


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What is OFX Group Price-to-Tangible-Book?

As of today (2024-05-16), OFX Group's share price is A$1.62. OFX Group's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was A$0.18. Hence, OFX Group's Price to Tangible Book Ratio of today is 8.85.

The historical rank and industry rank for OFX Group's Price-to-Tangible-Book or its related term are showing as below:

ASX:OFX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.25   Med: 8.43   Max: 22
Current: 9

During the past 10 years, OFX Group's highest Price to Tangible Book Ratio was 22.00. The lowest was 4.25. And the median was 8.43.

ASX:OFX's Price-to-Tangible-Book is ranked worse than
92.11% of 722 companies
in the Capital Markets industry
Industry Median: 1.325 vs ASX:OFX: 9.00

A closely related ratio is called PB Ratio. As of today, OFX Group's share price is A$1.62. OFX Group's Book Value per Sharefor the quarter that ended in Sep. 2023 was A$0.67. Hence, OFX Group's P/B Ratio of today is 2.43.


OFX Group Price-to-Tangible-Book Historical Data

The historical data trend for OFX Group's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

OFX Group Price-to-Tangible-Book Chart

OFX Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.71 4.92 4.25 7.06 9.32

OFX Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.32 7.06 21.72 9.32 9.51

Competitive Comparison of OFX Group's Price-to-Tangible-Book

For the Capital Markets subindustry, OFX Group's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OFX Group's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, OFX Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where OFX Group's Price-to-Tangible-Book falls into.



OFX Group Price-to-Tangible-Book Calculation

OFX Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=1.62/0.183
=8.85

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


OFX Group Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of OFX Group's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


OFX Group (ASX:OFX) Business Description

Traded in Other Exchanges
N/A
Address
60 Margaret Street, Level 19, Sydney, NSW, AUS, 2000
OFX Group Ltd is a low-cost international multicurrency payments provider via its online platform and network of global bank accounts. The company's two products are international payment services and international payment solutions. Its International payment services are monitored by geographic region and provide bank to bank currency transfers servicing businesses and consumers. International payment solutions are monitored globally and provide strategic partners with a package which includes: OFX IT platform; client service; compliance; banking relationships; and payment capabilities.

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